NOT LISTED FOR SALE

Estimated Value: $863,000 - $1,057,000

0.17 Acre
$5,753,806 Price per Acre
7,484 Sq Ft Lot

Last Sold September 08, 2022

Last sale price $850,000 $1,540 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,224/month

150 Days on Market

About This Lot

As of September 2022

Incredible opportunity to develop a graceful Contemporary home in prime Echo Park! Sited on an upslope lot in verdant Elysian Heights, this home was designed to blend into the community with special attention to indoor/outdoor flow and light. The main level of the home comprises the primary entertaining spaces with an open concept living, dining and kitchen, plus family room with bath. Three large sliding doors open to a side yard with an optional pool. On the second floor, you'll find two guest bedrooms with attached full bath, laundry room and a gracious primary suite with walk-in closet, generous bedroom and ensuite bath with views of the spacious yard and gardens. A second floor deck with outdoor fireplace and optional wet bar establishes another sunlit gathering space for family and friends. Designed by architect Adam Bressler, the rear yard area of the lot has open space to accommodate an ADU, and if preferred, the pool. Property sold with completed plans, all supporting documentation and RTI building permits.

Last Agent to Sell the Property

Alyssa Valentine

Compass License #01517618 Listed on: 03/08/2022

Compass

Co-Listed By

Kurt Wisner

Compass License #01431217

Compass

Last Buyer's Agent

Kurt Wisner

Compass License #01431217

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,565

Lot Details

  • 7,484 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned LAR1

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5420-008-030

Property Details

Property Type

Land

Est. Annual Taxes

$10,565

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Incredible opportunity to develop a Contemporary home in prime Echo Park! Sited on an upslope lot, this home was designed with attention to indoor/outdoor flow & light. The main level comprises the primary entertaining spaces with an open concept living, dining & kitchen, plus family room with bath. Three large sliding doors open to a side yard with optional pool. On the second floor, you'll find two guest bedrooms with attached bath, laundry room & gracious primary suite with walk-in closet, bedroom & ensuite bath with views of the spacious yard & gardens. A second floor deck with outdoor fireplace & optional wet bar establishes another sunlit gathering space for family & friends. The rear yard area of the lot can accommodate an ADU, and if preferred, the pool. Property sold with completed plans, all supporting documentation & RTI building permits.
  • Lot Acreage: 0.1708
  • Lot Dimensions: 50x150
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5420-008-030
  • Lot Size Area: 7484

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Aug 10, 2022
Sold by
Alan M Buchdahl Revocable Trust
Bought by
Asp Real Property Investments Llc
Seller's Agent
Alyssa Valentine
Compass
Buyer's Agent
Kurt Wisner
Compass
List Price
$1,095,000
Sold Price
$850,000
Premium/Discount to List
-$245,000
-22.37%
Views
4
Current Estimated Value
$982,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,750
Avg. Annual Appreciation
9.15%

Purchase Details

Listed on
Mar 15, 2021
Closed on
Aug 17, 2021
Sold by
Abracia Leticia Rodriguez and Siegel Jeffrey
Bought by
Buchdahl Alan M
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Mary Hedley Campos
Coldwell Banker Realty
List Price
$850,000
Sold Price
$745,000
Premium/Discount to List
-$105,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Jun 7, 2019
Sold by
Siegel Jeffrey
Bought by
Siegel Jeffrey

Purchase Details

Closed on
Aug 7, 2003
Sold by
Abracia Leticia Rodriguez
Bought by
Abracia Leticia Rodriguez

Purchase Details

Closed on
Oct 8, 1997
Sold by
Rodriguez William
Bought by
Ruiz Soledad
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Asp Real Property Investments Llc $850,000 --
Buchdahl Alan M $745,000 Chicago Title Company
Siegel Jeffrey -- None Available
Abracia Leticia Rodriguez -- --
Ruiz Soledad -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $850,000 -5.5% $1,540 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $899,000 -15.6% $1,629 / Sq Ft
05/03/2022 05/03/22 Price Changed $1,065,000 -2.7% $1,929 / Sq Ft
03/27/2022 03/27/22 For Sale $1,095,000 0.0% $1,984 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,095,000 +47.0% $1,984 / Sq Ft
09/03/2021 09/03/21 Sold $745,000 -12.4% $1,350 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $850,000 -- $1,540 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,565 $884,340 $707,472 $176,868
2024 $10,565 $867,000 $693,600 $173,400
2023 $10,359 $850,000 $680,000 $170,000
2022 $8,842 $745,000 $596,000 $149,000
2021 $442 $31,420 $26,246 $5,174
2020 $442 $31,098 $25,977 $5,121
2019 $428 $30,489 $25,468 $5,021
2018 $403 $29,892 $24,969 $4,923
2016 $376 $28,733 $24,000 $4,733
2015 $371 $28,302 $23,640 $4,662
2014 $382 $27,748 $23,177 $4,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-134623

The MLS

APN: 5420-008-030